Coinstar: Still Money in the Bank

DVD rentals are far from dead. That's great news for the owner of Redbox, which is taking more U.S. market share as Netflix focuses on video streaming and growth abroad.

By

Andrew Bary

December 17, 2011

Coinstar, owner of the popular Redbox video-rental kiosks, continues to defy doubters who predict the impending death of the DVD business at the hands of video-on-demand delivered via cable TV or the Internet.

Fast-growing Redbox could be around for a while because it offers a great entertainment bargain—movie rentals for just $1.20 a night. The competitive landscape looks favorable because Redbox's prime rival, Netflix (ticker: NFLX) is focused on streaming video and international expansion, rather than its original U.S....